Monday June 19, 2017 0 comments
DENVER -- Angel Capital Association (ACA) -- the world's leading professional organization for angel investors -- announced it elected Peter Adams, executive director of Rockies Venture Club (RVC), to its board of directors.
With extensive experience as a serial entrepreneur and angel investor, ACA said Adams has stimulated early-stage investment throughout Colorado and brings a distinct Colorado perspective to the group that will provide greater exposure for the state’s investors to national policy leaders and the North American market.
“Peter brings great experience and insight to the ACA board,” said Marianne Hudson, ACA’s executive director.
“His influence will be invaluable in achieving ACA’s mission to provide angel investors the resources they need to help the next round of high-growth, early-stage companies succeed.”
Angel investors annually infuse more than $25 billion in startups across the U.S. ACA is considered an essential partner for the startup ecosystem, helping angel investors build professionalism in investment and supporting entrepreneurial companies as they grow through mentoring and board service.
Adams brings more than 30 years of executive experience as a serial entrepreneur, CIO, angel investor, and fund manager to his new role serving on the ACA board.
In Denver, Adam's insights have led Rockies Venture Club to lead capital injections totaling over $30 million over the last 2.5 years partly from RVC’s out-of-state syndicate partnerships with ACA angel groups.
In that time, RVC has led investment rounds for more than 25 Colorado companies including PharmaJet, a needle-free injection medical device and Logrr, a disruptive technology for enterprise level security, integrated employee logins, and seamless provisioning and deprovisioning of access to company resources.
“I am humbled to have a role where I can share my experience to continue improving the Colorado market for angel investments,” Adams said.
“As I serve the board, I hope to bring new ideas to Colorado as well as generate more national interest in our growing entrepreneurship and tech scene.”
ACA includes more than 13,000 accredited investors and more than 240 angel investor groups and platforms throughout North America. The organization advocates economic development public policy and provides a wide range of professional development and networking for its members.